LifeStar Insurance plc - Full-Year Results

On 15 April 2026, LifeStar Insurance plc published its Annual Report and Financial Statements for the financial year ended 31 December 2025.

The insurance service result increased marginally to €2.11 million (2024: €2.08 million). Meanwhile, the net insurance financial result decreased to €0.92 million (2024: €1.22 million). Furthermore, commission and fees receivable amounted to €2.11 million compared to €1.76 million in the previous year.

The financial performance was adversely impacted by higher administrative expenses totalling €7.48 million compared to €6.98 million in 2024.

After accounting for other income of €0.80 million and minimal finance costs, LifeStar Insurance registered a pre-tax loss of €1.63 million (2024: pre-tax loss of €0.93 million) and a net loss of €1.16 million (2024: net loss of €0.63 million).

The Statement of Financial Position shows that total assets grew by 4.3% (or €6.8 million) to €163 million, principally consisting of financial investments totalling €115 million and investment property of €12.9 million. Total liabilities rose by 5.7% (or €7.5 million) to €139 million, driven by higher investment contract liabilities and the introduction of a financial reinsurance liability. Total equity fell by 2.9% (or €0.7 million) to €23.6 million, which translates into a net asset value per share of €0.365 (31 December 2024: €0.376).